CVS Health Daily Balance Of Power

CVS -- USA Stock  

USD 66.14  0.88  1.35%

Investors can use this prediction interface to forecast CVS Health historic prices and determine the direction of CVS Health Corporation future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of CVS Health historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of CVS Health Corporation systematic risks associated with finding meaningful patterns of CVS Health fundamentals over time. Check also Historical Fundamental Analysis of CVS Health to cross-verify your projections.
CVS Health Corporation has current Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of CVS Health Corporation market sensitivity to bulls and bears. It estimates the ability of CVS Health buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring CVS Health Balance of Power indicator one can determine a trend of the price direction.
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CVS Health Trading Date Momentum

On July 21 2018 CVS Health Corporation was traded for 65.26  at the closing time. Highest CVS Health's price during the trading hours was 65.98  and the lowest price during the day was  65.06 . The net volume was 6.3 M. The overall trading history on 21 of July did not affect price variability. The overall trading delta to current price is 0.75% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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